In the spirit of transparency, Ukraine's Ministry for Digital Transformation has published a financial report detailing how it spent the $54.6 million worth of funds raised from the crypto community. Ukraine's Minister for Digital Transformation Mykhailo Fedorov shared the report in a...
Bitcoiners have a higher chance of making meaningful change in state-level Bitcoin policy by building relationships with their local politicians.This is an opinion editorial by Dennis Porter, CEO of Satoshi Action Fund and political strategist who focuses on defending Bitcoin infrastructure and industry in the U.S. through public policy, activism and advocacy.The unlimited money printer...
U.S. Secretary of State Anthony Blinken warned that the administration would continue to "aggressively pursue" crypto mixers suspected of laundering illicit funds. We’ll continue to aggressively pursue actions against currency mixers laundering virtual currency for criminals....
Shapeshift CEO and founder Erik Voorhees recommended the MakerDAO community take precautionary measures after the U.S. Treasury sanctioned Tornado Cash. Specifically, Voorhees advised MakerDAO users to remove their USDC collateral and convert the funds into another stablecoin. But he stopped short of advocating a more censorship-resistant choice....
Circle's USDC has "blacklisted" all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department's sanction against the protocol. A...
Bitcoin (BTC) posted a local top of $24,600 on July 30 before closing three consecutive daily red candles. Peak to trough losses over this period came in at $1,800, or 7%. Today, August 3, sees some reprieve, as buyers give rise to a 3% upside swing. As of press time, BTC was trading at $23,300, while the rest of the market was trading...
We’re at a crossroads between sovereignty and Marxist entropy. Like Bitcoin, ‘The UnComminist Manifesto’ hopes to guide readers to the former.This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.”Almost 175 years have passed...
The Blocksize Wars were an example of Bitcoin resisting the fiat politics played on every level of society.This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience....
Reading Time: 2 minutes Kraken is facing an OFAC investigation, according to the New York Times The paper claims that Kraken is serving users in sanctioned countries Iran, Syria and Cuba are among the residences of ‘verified’ users Cryptocurrency exchange...
According to a new blog post released by the White House, an economic recession can no longer be quantified by its traditional definition of "two successive quarters of falling real growth". What's there in a name? As the global macroeconomic landscape continues to...
Indian central bank officials have renewed efforts to ban crypto. Finance Minister Nirmala Sitharaman...
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in July. As expected, the report specifically mentioned Bitcoin. However, it also raised issues with Ethereum, despite its...
The fungibility of the legacy sound money has come under fire as Western nations seek to delegitimize gold mined in Russia.At the 48th annual Group of Seven (G7) summit, held June 26 - June 28, 2022, in the Bavarian Alps of Germany at the stunning Schloss Elmau, President Joe Biden stated that the United States...
A petition to the European Parliament for the creation of a crypto compensation fund is gathering steam following recent scandals, in particular happenings at Celsius Network. The petition organizer, Jonathan Levy, wrote that the EU must create a fund paid for by "taxing" transactions to provide restitution for victims of crypto crime. Although Celsius is not under criminal investigation, Levy...
Argentina's Economy Minister Martin Guzman announced his resignation on June 3, pushing citizens to seek hedges in crypto and causing the price of Tether to gain 6.6% against the Argentian peso, Bloomberg News reported. Guzman's resignation comes at a time when the already...
Bitcoin derives its monetary value from the fact that it is a new type of property that is independent and autonomous, amoral and apolitical.This is an opinion editorial by Jens Bucher, a contributor at Bitcoin Magazine.Bitcoin is a topic that stirs the passions in a way few other topics, perhaps barring CrossFit or veganism, tend to do. As Bitcoin increasingly comes...
Central African Republic President Faustin-Archange Touadéra, on June 27, announced the country's crypto hub "Sango" launch date. The crypto hub will go live on July 3 during a conference organized to mark its launch....
According to Bitcoin Archive, in a bid to boost the local Soyapango economy, Salvadorian entrepreneurs operating in the region can claim a $100,000 Bitcoin grant....
Reading Time: 3 minutes US regulators could learn a thing or two from a recent UK consultation report on the difficulties of reporting crypto data The UK Treasury said that asking crypto entities to record information on all transactors presented “practical difficulties”...
El Salvador's Bitcoin reserves diminished by 50% and lost more than $50 million with the recent Bitcoin price fall. Despite their gravity, El Salvador's Finance Minister Alejandro Zelaya said the losses pose a minimal fiscal risk. El Salvador bought over 2,300 Bitcoins at...
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